Page:United States Statutes at Large Volume 62 Part 2.djvu/572

 INTERNATIONAL AGREEMENTS OTHER THAN TREATIES [62 STAT. (2) by furnishing to the United States Government, or to such persons, organizations, or foundations as the United States Government may designate, Norwegian kroner to be used to carry out cultural and educational programs agreed between the two Governments; (3) by providing Norwegian kroner for the payment of expenditures in Norwegian territory of the United States Government and its agencies. In connection with any transfer of real property pursuant to subpara- graph (1) above, it is understood that representatives of the United States Government may, at their discretion, conduct discussions directly with property owners or with contractors for improvements as to price and terms prior to the transfer of such property or improve- ments to the United States Government. B. Exchange Rate. Any Norwegian kroner provided under this paragraph IV will be at the par value between such currency and United States dollars established in conformity with procedures of the International Monetary Fund, or, if no such par value exists, at the rate most favorable to the United States Government used in any official Royal Norwegian Government transaction at the time payment is requested. V. Commercial Policy A. The two Governments reaffirm their support of the principles 56 Stat. 1567 . set forth in Article VII of the Preliminary Agreement of July 11, 1942, and their desire to eliminate discriminatory treatment in international commerce and to reduce tariffs and other trade barriers. B. The Royal Norwegian Government is in accord with the general tenor of the "Proposals for Expansion of World Trade and Employment" and the "Suggested Charter for an International Trade Organization of the United Nations" transmitted to the Royal Nor- wegian Government by the United States Government. Pending the conclusion of the negotiations at the World Conference on Trade and Employment, the two Governments declare it to be their policy to abstain from adopting new measures which would prejudice the objec- tives of that conference. VI. Miscellaneous Provisions A. Nothing in this Agreement affects the obligation of the Royal Norwegian Government under Article IV of the Preliminary Agree- 6Stat.1566. ment of July 11, 1942. B. To the extent that the provisions of this Agreement are incon- sistant with those contained in any previous agreement, the provisions of this Agreement shall prevail. 1852

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